New business banking tool Curve has been named one of Europe’s hottest financial technology innovators, joining the 2017 ‘Fintech 50’.
Announced at a ceremony last night, this year’s Fintech 50 sees London start-ups dominate the list – including Curve, the new money management tool for business owners and freelancers.
This year’s 50 were selected from over 1,500 applicants across Europe this year, by a judging panel including Silicon Valley Bank, Index Ventures, Santander and Alastair Lukies, the UK Prime Minister’s business ambassador for fintech.
Curve launched in Beta mode last year, as a way for business users to combine all their bank cards in one Curve MasterCard and all their banking services into the Curve app. Curve simplifies the way entrepreneurs manage their personal and business spending, eases time-consuming expenses management, and helps save money when spending abroad by eliminating hidden bank FX fees.
Over 40,000 have signed up and the cards have been used in over 100 countries.
Curve has raised $5m in seed funding so far, and will close a Series A funding round and launch in the UK later this year.